Study MBA in Melbourne Business School

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Melbourne Business School, Australia

Melbourne Business School (MBS) is rated number one in Australia’s business school by The Economics 2021. The University of Melbourne and the business community jointly hold it. 

Melbourne, which the Economist Intelligence Unit rated as the Most Liveable City in the world, is home to two MBS centers: Centre for Sustainability and Business & Centre for Business Analytics. Apart from offering an MBA, this school also offers a business analytics degree, besides short courses and tailored solutions for organizations.

People command about AUD110,000 as a starting salary fewer than three months after passing out. Its tuition fee ranges from AUD77,000 to AUD89,500. MBS offers financial aid to foreign students via scholarships – Excellence and Dean’s International Management Scholarships. The objective of MBS, which is recognized by the Association to Advance Collegiate Schools of Business (AACSB) and the European Foundation for Management Development (EFMD) (EQUIS), is to prepare leaders for the long-term future by providing practical experience through several MBA relevant jobs in the Land Down Under.

*Need assistance to study in Australia? Y-Axis is here to assist you in all the ways.

Melbourne Business School Ratings

Other noteworthy rankings received by the MBS include:

  • The 2021’s 20 in World University Rankings for Masters In Business Analytics 
  • QS World Rankings 2021- Asia Pacific’s Eighth Rankings in EMBA  
  • Global 2021 QS Ranking 34 in EMBA  
  • Financial Times 2021’s Ranking 87 for MBA globally  
  • The Economist’s Ranking 24 for ‘Which MBA?’ 
Highlights

University Type

Private

Establishment

1963

Programs Offered

MBA, Masters in Business Analytics, Short Courses, Doctoral Degrees

Scores accepted

GMAT, IELTS, TOEFL

Mode of Study

Part-Time, Full Time, Executive, Senior Executive, Online

Academic Calendar

Semester Based

Tuition Fee (AUD)

56,000-90,000

Financial Aid

Scholarships Available

Melbourne Business School Programs

The popular courses of MBS include MBA, Business Analytics, Management, International Business, and eight doctoral research degrees.

  • The school’s MBA program offers several specializations such as Managerial Economics, Data Analysis, Financial Accounting, Managerial Ethics, and Business Environment, Marketing, Operations and Business Strategy, Finance, etc. 
  • Melbourne Business School offers short courses such as three management programs, two change programs, 12 leadership programs, four strategy programs, and one finance and one human resource program.
  • Moreover, a dual degree is offered in MBA and Marketing. 

Course

Fee (USD)

MBA

34,010

Master Business Analytics

41,800

Master Analytics Management

42,350

Master of Commerce [M.Com] Marketing

34,826

Master of Management [M.Mgmt]

31,618

*Willing to do an MBA in Australia? Get expert assistance from Y-Axis study Australia professionals.   
The Campus of Melbourne Business School

MBS has three schools, one each in Sydney, Melbourne, and Malaysia. The main campus is, however, located in Carlton, a suburb of Melbourne, with an administrative building and its main office.

It also houses two research centers in the Asia-Pacific Centre for Social Impact (APSIC) and the Centre for Business Analytics (CBA), more than 200 student clubs and associations for its students at the University of Melbourne, and a devoted to it is the Giblin Eunson Library.

*Confused about choosing which course to pursue an MBA? Avail Y-Axis course recommendation services to choose the best.

Melbourne Business School

Six university accommodations, eleven residential colleges, and for foreign students, there is one residence hall outside the residential colleges. The students can also stay in other facilities in Australia.

  • The facilities of MBS include Wi-Fi, gym facilities, a 24-hour computer room, study rooms, TVs, game rooms, lounges, a cafe, laundry, music practice room, common rooms, courtyards, communal kitchens, vending machines, rooftop gardens, and bike storage.
  • Furniture in the rooms: wardrobe, desk and desk chair, a bed, lockable cupboard, fan, a full-length mirror, and vacuum cleaner.
  • For differently-abled MBS students, rooms are accessible in certain accommodations at the University of Melbourne.
Application Process for Melbourne Business School

MBS offers full-time MBAs that are globally recognized, in addition to other business-related courses. 

Application Portal: University of Melbourne online application

Application Fee: AUD100

Admission Conditions

  • A bachelor’s degree or its equivalent
  • Two Letters of Reference (LORs)
  • Research Proposition (for graduate research scholars)
  • Two years of experience (if necessary)
  • GMAT/GRE (more than 750)
  • Interview (if needed)
  • Résumé
  • Personal account
  • Program-specific needs.
  • Supporting Documents: A copy of passport, health certificate, bank statements,

English language test needs

  • IELTS: 7.0
  • TOEFL IBT: 102
Melbourne Business School Attendance Cost

Foreign students need to plot their finances before joining the university. These include tuition fees, rent for accommodation, and other living expenses. The average residing costs in Australia for foreign students:

Facilities

Expected amounts (in AUD)

Tuition fees

56,000-90,00

Accommodation

20,000-40,000

Health insurance

1,500

Food & groceries

4,300-8,000

Bills (water, electricity, gas, internet)

65–85

Telephone

20–25

Travel

45

Recreational

60–100

Others

1,100

 

Melbourne Business School Business Assistance

MBS has invested up to AUD2.8 million towards financial assistance for students. More than 1,200 scholarships and awards are offered to foreign students. MBS offers several scholarships, including:

Scholarship Name

Amount (AUD)

Programs

MBS Scholarships

Fluctuates

All Programs

Clemenger BBDO Scholarship

50,000

All Programs

Kraft Heinz Scholarship

5 x 12,000

Full-time MBA, Master of Marketing, Part-time MBA

BP Australia Scholarship in Business Analytics

2 x 25,000

Master of Business Analytics

Dean’s International Management Scholarship

Full tuition

Full-time MBA, Master of Marketing

Diversity Excellence Scholarships

50,000

Full-time MBA, Master of Marketing

Reid Malley Foundation Scholarship

25,000

Full-time MBA, Master of Marketing

Helen Macpherson Smith Fellowship

30,000

Full-time MBA, Master of Marketing, Part-time MBA

Dean’s Scholarship for Women and Management

50,000

Senior Executive MBA

SEMBA Class of 2003 Scholarship

50,000

All Programs

Wandering Warriors Scholarship

Full tuition

Part-time MBA, Full-time MBA

Foreign students are eligible to apply in Australia for external scholarships and loans to pursue studiesincluding:

  • Endeavour Postgraduate Scholarship Awards: Sponsored by the Australian government, this award is given to foreign students to engage in research studies and doctorates in Australia. The award covers tuition, monthly stipend, travel insurance, allowance, etc.
  • Queen Elizabeth Commonwealth Scholarships: Scholarships awarded to foreign students belonging to Commonwealth nations to take up a master’s degree, they are nine. They take your tuition, travel, and accommodation.
Melbourne Business School Alumni

MBS has alumni of more than 10,000 worldwide. Benefits for alumni include:

  • Career progression helps.
  • Subsidized public memberships at libraries of the university.
  • Complete access to the journal services of the university.
  • 10% discount on programs offered at the Confucius Institute
  • 5% discount on Melbourne Dental Clinic’s total bill
Notable Alumni at Melbourne Business School
  • Margaret Jackson –Australian executive
  • Ahmed Fahour –Australian Business magnate
  • Bill Shorten –Member of Parliament of Australia
  • Roman Quaedvlieg – Australian Border Force’s Commissioner  
Placements of Melbourne Business School

As the education quality at MBS is high, you can get placed in good firms. MBS’s Careers Management Centre has allied with prominent companies and top-ranked firms to offer a personal effectiveness program to develop soft skills among students.

  • Renowned employers who provide job opportunities for foreign students in Australia include Aconex, Air Force, Bain and Company, Commonwealth Bank, Deloitte, Jetstar, KraftHeinz, L’Oreal, Uber Eats, etc.
  • The institute arranges recruitment events regularly, CEO classroom visits, industrial internships, and class subjects that link students with the senior captains and managers of some of the top companies in Australia.
  • As per a study, graduates of MBS Executive Management and Change make AUD175,000 per year. Average income-by degree for alumni of MBS:

Course

Average Salary (AUD)

LLM

215,000

MBA

175,000

Masters in Finance

155,000

BBA

120,000

Bachelor of Science

110,000

Melbourne Business School, Australia’s second-largest city, is the country’s business education hub. The school offers admission to the best MBA courses and other management and analytics courses. MBS admits and supports applicants worldwide by means of scholarships, loans, and grants.

Other Services

STATEMENT OF PURPOSE

LETTERS OF RECOMMENDATION

OVERSEAS EDUCATION LOAN

COUNTRY SPECIFIC ADMISSION

 COURSE RECOMMENDATION

DOCUMENT PROCUREMENT

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